One Sock: Heather Roy's Blog

A blog for my thoughts and writings – past, present and future

Heather Roy’s Diary

Welcome to the archive of the weekly newsletter I wrote while in Parliament: Heather Roy’s Diary. As time goes on some things have become quite out of date, while others are still remarkably relevant! Whichever the case, they are an historical record of the time.

Retirement Age Unsustainable at 65

(5 August 2011) The Retirement Commissioner Diana Crossan says it frequently, former Treasury head John Whitehead and current Treasury secretary Gabriel Makhlouf advised government it is so and well known economists Gareth Morgan and Bernard Hickey and others have also joined the chorus in recent weeks – New Zealand cannot afford to continue paying superannuation to kiwis when they turn 65. All believe the retirement age must gradually rise to 67.